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New Hope housing market, December 2025

Past report · Minneapolis Area REALTORS® Local Market Update · current as of January 8, 2026. See the newest report (September 2026)

  • Median sale price$375K0.0% vs. December 2024
  • Homes sold210.0% vs. December 2024
  • Days on market44December 2025
  • Months of supply1.3end of December 2025

The short version

New Hope in December 2025

In December 2025, 21 homes sold in New Hope, against 21 in December 2024.

The median sale price was $375,000, no change from a year earlier, and homes spent 44 days on market, with sellers receiving 98.9% of their original list price.

The month ended with 24 homes for sale, 1.3 months of supply (a seller’s market by the usual measure).

Over the 12 months through December 2025, the median was $360,000 (up 2.9%) across 229 sales.

That was the 39th highest median sale price of the 71 cities in our guides with at least 10 sales that month.

Median sale price by month through December 2025, New Hope
250k300k350k400k450kOct 2024Jan 2025Apr 2025Jul 2025Oct 2025Dec 2025$341,200Oct 2024$341,200Nov 2024$320,000Dec 2024$375,000Jan 2025$367,500Feb 2025$317,500Mar 2025$350,000Apr 2025$375,000May 2025$380,000Jun 2025$351,500Jul 2025$370,000Aug 2025$347,500Sep 2025$337,003Oct 2025$375,000Nov 2025$359,900$375,000Dec 2025$375,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$341,200
Nov 2024$320,000
Dec 2024$375,000
Jan 2025$367,500
Feb 2025$317,500
Mar 2025$350,000
Apr 2025$375,000
May 2025$380,000
Jun 2025$351,500
Jul 2025$370,000
Aug 2025$347,500
Sep 2025$337,003
Oct 2025$375,000
Nov 2025$359,900
Dec 2025$375,000

All the numbers

New Hope, December 2025 vs. December 2024

December 202512 months through December 2025
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$375,000$375,0000.0%$350,000$360,000+2.9%
Average sale price$369,152$369,962+0.2%$341,147$355,699+4.3%
Price per square foot$191$189−0.9%$186$192+3.2%
Closed sales21210.0%215229+6.5%
New listings89+12.5%259304+17.4%
Days on market3344+33.3%2935+20.7%
% of original list price received99.6%98.9%−0.7%100.3%100.3%0.0%
Homes for sale (end of month)1924+26.3%———
Months of supply1.11.3+18.2%———
Twin Cities region, median price$370,000$380,000+2.7%$380,000$390,000+2.6%

Source: Minneapolis Area REALTORS® Local Market Update, New Hope, December 2025. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of January 8, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

New Hope in December 2025: questions

What was the median home price in New Hope, MN in December 2025?

$375,000, from 21 sales (no change from December 2024), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

How many homes sold in New Hope, MN in December 2025?

21, against 21 in December 2024. 9 new listings came on the market that month.

Was New Hope a buyer's or seller's market in December 2025?

New Hope ended December 2025 with 1.3 months of supply (24 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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